5-megapixel camera

The next iPad comes with a 5-megapixel camera with backside illumination, autoexposure, and autofocus. There's also auto face detection. It includes 1080p HD video recording, just like on the iPhone 4S.

Expanded battery life

Sketchbook Ink app

A demo of SketchBook Ink, a new drawing app for line art. You can zoom in and out and it's resolution independent. That means you can work on and export art that's 100 megapixels in size. That app is available in April, exclusively for iOS.

Quad-core gaming...sort of

Infinity Blade is one of the games that will enjoy the blazing speeds that Apple promises with the iPad's souped-up processor. (Psst, the processor has a dual-core CPU, with a quad-core GPU for gaming.)

AppleTV

Apple introduces the Photostream feature from iCloud, which supports 1080p HD photos and videos. A new Apple TV is also on the horizon. It'll cost $99 and be available on March 16, but preorders start today.